This is a summary of all costs and expenses paid by the Buyer(s) and will be provided to the Buyer(s) upon closing.

Land Transfer Tax →

Paid on the final date of closing to the Treasurer of Ontario. Calculated using final Purchase Price of home. Rebate on payment of Land Transfer Tax up to $2000.00 is available to First Time Buyers, ONLY when purchasing a newly constructed home.

Survey →

NOTE: A survey is not transferable and belongs to the individual who paid for the survey. You cannot rely on the accuracy of the information unless you ordered and paid for the survey. Copies of survey’s received from Sellers, can only be used for re-finance purposes.

Title Insurance →

$300 (approx). If there is no Survey, title insurance will satisfy the Lender and you will not have to incur the cost of a new survey. Title insurance is a must on all Real Property Purchases.